---
title: "Remember This…"
url: https://fundfreebies.com/notes/
description: "Investing in mutual funds doesn’t always take lots of money: notes on low minimum fund investing and who owns mutual funds."
---

# Remember This…

Investing in mutual funds doesn’t always take lots of money. In fact, many mutual funds will allow you to open an account with as little as $25, $50, or $100. If you decide to open an account with these smaller amounts, make sure to add to your account each month until that fund’s minimum investment requirement has been met.

Fun(d) Facts

## Who Is the Typical Mutual Fund Owner?

At year-end 1997, 37.4 percent of all households — or about 65.5 million individuals — owned shares in mutual funds, according to research from the Investment Company Institute (ICI), the Washington, DC-based trade association for the mutual fund industry.

- Nearly 60 percent of folks owning mutual funds have household incomes ranging from $25,000 a year to $74,999.
- Most people owning mutual funds are between the ages of 25 and 64.
- The more money one makes the more mutual fund accounts they are likely to have.
- And, more households are likely to own equity funds than bond funds.

Source: 101 Mutual Fund FAQs, Chandler House Press, 1999.